Remove Authentication Remove Debit Network Remove FTC
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Top Payments News: DoorDash Bolsters Its Treasure Chest; Policymakers Target Big Tech Over Data; Feds Probe Debit Card Practices

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FTC Probing Visa, Mastercard About Debit Card Practices. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg. Investors from the U.S.

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FICO’s Take On Debit Security

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Financial institutions (FIs) cannot simply expect the popularity of debit to persist unaided, however, and must continue to innovate to keep fraud rates at a minimum. Card issuers, networks and retailers all must play a part in defending against such breaches. That delay appears to be intended to drive up the data’s prices.